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The Bitcoin supply held by whale entities has declined by 40% over the past 
eight years as profit-taking continues.

Bitcoin profit-taking underway as ‘big whales’ continue sell-off

Dogecoin started a fresh decline from the $0.2250 zone against the US Dollar. 
DOGE is now consolidating losses and might recover if it clears $0.20. DOGE 
price started a fresh decline below the $0.220 and $0.20 levels. The price is 
trading below the $0.20 level and the 100-hourly simple moving average. There 
is a connecting bullish trend line forming with support at $0.1910 on the 
hourly chart of the DOGE/USD pair (data source from Kraken). The price could 
start a fresh increase if it clears the $0.20 resistance zone. Dogecoin Price 
Holds Support Dogecoin price started a fresh decline after it failed to clear 
the $0.2450 zone, unlike Bitcoin and Ethereum. DOGE declined below the $0.220 
and $0.20 levels. The bears even pushed the price below the $0.1920 level. A 
low was formed at $0.1855 and the price is now consolidating losses. There was 
a minor increase above the 23.6% Fib retracement level of the downward move 
from the $0.2279 swing high to the $0.1855 low. Dogecoin price is now trading 
below the $0.20 level and the 100-hourly simple moving average. There is also 
a connecting bullish trend line forming with support at $0.1910 on the hourly 
chart of the DOGE/USD pair. Immediate resistance on the upside is near the 
$0.20 level. The first major resistance for the bulls could be near the 
$0.2060 level. It is close to the 50% Fib retracement level of the downward 
move from the $0.2279 swing high to the $0.1855 low. The next major resistance 
is near the $0.2120 level. A close above the $0.2120 resistance might send the 
price toward the $0.2250 resistance. Any more gains might send the price 
toward the $0.2340 level. The next major stop for the bulls might be $0.250. 
More Losses In DOGE? If DOGE’s price fails to climb above the $0.20 level, it 
could start another decline. Initial support on the downside is near the 
$0.1910 level and the trend line. The next major support is near the $0.1850 
level. The main support sits at $0.1720. If there is a downside break below 
the $0.1720 support, the price could decline further. In the stated case, the 
price might decline toward the $0.1650 level or even $0.1550 in the near term. 
Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing 
momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI 
for DOGE/USD is now above the 50 level. Major Support Levels – $0.1910 and 
$0.1855. Major Resistance Levels – $0.2000 and $0.2060.

Dogecoin (DOGE) Consolidates Losses — Can Meme Coin Mania Make a Comeback?

Binance is skyrocketing past 275 million users, fueling a global crypto 
revolution with blistering adoption rates, real-world utility, and dominance 
in digital financial infrastructure. 275 Million and Rising—Binance Solidifies 
Dominance in Explosive Digital Finance Boom Cryptocurrency exchange Binance 
announced on June 2 that it has reached a major milestone in user growth, 
underscoring its accelerating […]

Binance Reaches 275M Users, Adds 80M in Five Months

The announcement of a Donald Trump-branded crypto wallet from the team behind 
his memecoin has been muddled after the president’s sons disavowed it.

Trump memecoin wallet in ‘absolute chaos’ as family org unaware of launch

Ripple&#8217;s proposal could redefine crypto regulation, potentially easing 
compliance burdens and fostering innovation by clarifying token status.
The post Ripple proposes &#8220;network maturity&#8221; test to determine when crypto 
tokens stop being securities appeared first on Crypto Briefing.